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Commonwealth Bank says it shouldn’t pay twice to defend two class actions
Class Actions 2019-02-25 11:54 am By Christine Caulfield

The Commonwealth Bank of Australia wants a judge to ensure it doesn’t get hit with double the cost for work defending two shareholder class actions brought by rival plaintiffs law firms.

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Luxury Sydney retailer settles with Transport for NSW over light rail project
Construction 2019-02-22 9:38 pm By Miklos Bolza

Luxury boutique retailer Watches of Switzerland has reached a settlement in principle with Transport for NSW to resolve its case alleging damages resulting from Sydney’s light rail project, a court has heard.

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ASIC takes GetSwift to court over inadequate shareholder disclosures
Securities 2019-02-22 5:42 pm By Cat Fredenburgh

The Australian Securities and Investments Commission has added to logistics provider GetSwift’s legal woes, filing a lawsuit over the company’s alleged failure to disclose material information to shareholders about contracts with clients such as Amazon and Yum! Brands.

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Sims Metal hit with shareholder class action
Class Actions 2019-02-22 4:54 pm By Cat Fredenburgh

Sims Metal is facing a shareholder class action over an earnings guidance that allegedly failed to take into account a likely fall in scrap metal prices.

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Global insurer Jardine Lloyd Thompson can access names of local councils behind class action
Class Actions 2019-02-21 9:15 pm By Miklos Bolza

Global insurer Jardine Lloyd Thompson has won access to the identities of local councils suing it in a NSW class action brought by Quinn Emanuel alleging the broker charged the councils excessive premiums.

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Foxtel, Optus contractor faces possible class action over ‘sham’ contracts with technicians
Employment 2019-02-21 8:58 pm By Miklos Bolza

Foxtel and Optus contractor BSA may be hit with a class action on behalf of telecommunications technicians allegedly engaged as independent contractors so the company could avoid paying them certain entitlements.

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Westpac hit with class action over home loan practices
Class Actions 2019-02-21 10:26 am By Cat Fredenburgh

Westpac has been hit with a class action for allegedly breaching responsible lending laws by providing unsuitable loans, the first of the big four banks to face a class action in the wake of the banking royal commission’s scathing final report.

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Draft expert reports fair game in $100M Gladstone Ports class action
Class Actions 2019-02-19 8:31 pm By Cat Fredenburgh

Gladstone Ports has won access to draft expert reports prepared by Clyde & Co in its $100 million class action against the Queensland government owned organisation, with a judge ruling the documents were not privileged despite their not being used in the case.

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“Something’s gone terribly wrong”: CIMIC slammed by class action judge
Class Actions 2019-02-19 2:37 pm By Miklos Bolza

A judge has reprimanded CIMIC Group’s preparations to defend a class action against it, saying a late attempt to file critical evidence was a sign something “pretty horrible” had gone on behind the scenes.

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Judge rules for investors in class action over conman Peter Foster’s sports betting scam
Class Actions 2019-02-18 11:06 pm By Christine Caulfield

A judge has ruled for investors in a class action alleging they sank $12.3 million into a sports trading scam masterminded by convicted conman Peter Foster, saying they were entitled to recover their misappropriated money from the “notorious confidence trickster”.

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